Tata's £2.8m gold-coated Nano

You're looking at the world's cheapest car, wearing 80kg of 22 carat gold, 15kg of silver and an unnamed number of gemstones. Ladies and gentlemen, meet the Tata Nano GoldPlus, unveiled this week in Mumbai.

Thirty craftsmen spent many hours ladling the Nano in the shiny stuff, built as a celebration of India's craftsmen, its 5,000-year old jewellery trade and Tata's own GoldPlus jewellery brand. As such, Bhaskar Bhatt, chairman of the Tata Group, said the one-off, golden, jewel-encrusted Nano would be transported and displayed across India.

Of particular interest is the jewel-encrusted peacock on the front bumper. And the gold-plated wheels. It's estimated worth? 220m Rupees (£2.8m), and thus, not really the world's cheapest car any longer. Still, at least it's been tastefully done, right? Right?